Costco (COST) Offering Possible 23.46% Return Over the Next 15 Calendar Days

Costco's most recent trend suggests a bullish bias. One trading opportunity on Costco is a Bull Put Spread using a strike $187.50 short put and a strike $182.50 long put offers a potential 23.46% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $187.50 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $4.05 would be incurred if the stock dropped below the $182.50 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Costco is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Costco is bullish.

The RSI indicator is at 57.29 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for Costco

Sam’s Club Jumps Into Same-Day Grocery Delivery With Instacart’s Help
Tue, 27 Feb 2018 11:46:05 +0000
Instacart members won't need to be Sam's Club members.

95-year-old bread business betting it all on the pretzel bun, with help from Whole Foods, Costco
Fri, 23 Feb 2018 13:56:00 +0000
Miller Baking has been making bread for 95 years, but the baker is betting it all on the pretzel bun in 2018, and already sells to Whole Foods and Costco.

Is American Express Company a Buy?
Fri, 23 Feb 2018 12:48:00 +0000
The company has been overshadowed by its rivals, but there is much to like in its recent performance.

Can Walmart Regain Investor Confidence?
Fri, 23 Feb 2018 12:41:20 +0000
How Walmart Fared in Fiscal 4Q18

Costco's testing self-service food kiosks in a Seattle-area warehouse
Fri, 23 Feb 2018 03:35:10 +0000
Costco Wholesale Corp. is testing self-service snack kiosks in four Costco Wholesale food courts around the country in an effort to improve customer service and reduce lines, the company confirmed Wednesday. According to food blog Foodbeast , the store in Tustin, California, has six kiosks, each with a monitor where a shopper can order off the entire food menu, including the classic $1.50 hotdog and drink combo. This move follows a similar trend in a restaurant industry trying to speed up services.

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